Philip Beckwith
Appealing property taxes
27 January 2025 | 15 replies
@Philip Beckwith typically in Michigan, you can only do a tax appeal in February.The instructions will be on the back of your winter tax bill.You will need to have great comparables to challenge the City Assessor's valuation.
Robby Sanchez
Communication within the GP team
24 January 2025 | 2 replies
How many GPs are typically on a deal?
Cory St. Esprit
Commercial Real Estate - Franchise (Owner Occupied) Seeking Financing
27 January 2025 | 3 replies
Typically, a Subway will go for 3.25x EBITDA.
Melanie Baldridge
My opinion: 401K VS RE
22 January 2025 | 8 replies
Quote from @Melanie Baldridge: Why I like investing in real estate more than 401(k)s.Both offer tax deferrals, but here's the difference:If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.With real estate gains, you're paying capital gains tax (which is typically lower).Plus, RE investors get:1.
Geoffrey Serdar
Engagement Fee for a loan: LENDBASE
29 January 2025 | 31 replies
The typical fee they charge up-front is $4,000, but they were able to get $5,000 out of me because I was new and nieve to the commercial lending agency.
Sino U.
Inspection: What to check for duplex
21 January 2025 | 5 replies
Typically, we are shooting for top of foundation to be 24 inches higher than the road and at least 36 inches above the bottom of the drainage.
Trace P.
Thought about Oil heating in properties?
1 February 2025 | 5 replies
Hi, I am keen on a property but checked that it uses Oil for heating (instead of the typical gas or electric).
Brandon Stelling
Austin Texas market analysis
19 January 2025 | 2 replies
They typically will have data and newsletters as well they can send you.
Colton Bridges
How to refi out of hard money loan/multi unit
3 February 2025 | 25 replies
Conventional lenders typically require a 6-month seasoning period from purchase before they’ll consider the appraised value for a cash-out refinance.
Mark Sullivan
Add to the Portfolio or Swap
3 February 2025 | 15 replies
The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.